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Sony Quits LCD TV Business

Discussion in 'Sony Internet TV' started by zen2go, Dec 27, 2011.

  1. zen2go

    zen2go New Member

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    http://www.dailytech.com/Sony+Sells+LCD+Panel+Joint+Venture+Shares+to+Samsung+/article23595.htm

    ... According to the agreements, Samsung will acquire all of Sony's S-LCD shares, which will make S-LCD a complete subsidiary of Samsung. Samsung will pay Sony approximately KRW 1.08 trillion ($939 million USD) for these shares.

    ... There's quite a list of reasons for Sony's TV-related failure, such as strong yen, which cuts into profits; several security breaches earlier this year, which made consumers question Sony's competence; disappointing OLED design sales, and a failed attempt at a joint venture with Google for Google TV, which has not seen impressive sales.
     
  2. eferz

    eferz Well-Known Member

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    Nice sensational headlines there. Though the rest of the article seem to differ from your assessment. It looks more like they're cutting costs to try and revive it.

     
  3. bidger

    bidger Member

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    Well, that answers the question about future Google TV products from SONY.
     
  4. zen2go

    zen2go New Member

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    OK, I admit the title is a bit sensational :) but the real question is whether Samsung will continue to support Sony's Google TV.
     
  5. CatfishRivers

    CatfishRivers Well-Known Member

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    Hopefully within a few weeks we'll get some further clues about GTV hardware at the big Consumer Electronics Show in January. LG is supposed to display their new GTV products at CES, while the word has been that Samsung will have an announcement at CES about forthcoming GTV products (although not likely to launch their GTV at CES),

    IF Sony was going to have new GTV products in 2012 the CES would be a good place to announce/display them. Also there could be some as yet unknown third party manufacturers coming out with a GTV product. As far as Sony - it's a bit disappointing that Best Buy seems to be discontinuing carrying a lot of the current Sony GTV products.
     
  6. eferz

    eferz Well-Known Member

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    I don't think that Samsung is going to support Sony's Google TV. That's for Sony to decide whether or not they want to continue. Remember this announcement only indicates that Sony is relinquishing their responsibility in manufacturing of LCD panel component. This relieves Sony of the financial burden that is attributed with manufacturing the LCD panels inside of their televisions and monitors. This means the next generation of televisions from Sony will probably have panels made by Samsung.

    Besides, Samsung has their own product line to be concerned about. Yoon Boo-keun, president of Samsung's TV division, said the company planned to unveil its Google TV at an event next year, but not the Consumer Electronics Show in January. He claimed that Samsung's Google TV offering would differ from those of competitors. (Samsung in last-stage talks to launch Google TV - president | Reuters)
     
  7. zen2go

    zen2go New Member

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    I wonder how Samsung's version of Google TV will differ from its Smart TVs...
     
  8. chicha29

    chicha29 New Member

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  9. bidger

    bidger Member

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    They carried the Sony line for over a year, which is about the length of time for an electronics device shelf life. People had plenty of time to pick one up if they were so inclined.
     

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